8712 Highway 19 ERoan MountainTN37687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Roan Mountain at 8712 Highway 19 E, Roan Mountain, TN, 37687 generates $2,971/mo in rent, after a $3,230/mo payment. Total monthly income is $2,971/mo. Return on cash invested sits at 14.65% in year one, and rental yield is 5.4% on a $659,900 entry. Equity gained on principal adds $4,258/yr, while 5% annual appreciation builds toward $182,318 over five years. Five-year ROI reaches 74.33% and total cumulative return in cash sums $161,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,971/mo property income rather than buyer’s personal income.
Single Family
Built in 1882
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37687, Roan Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,721 (63.8%) |
| Renter Occupied HU | 324 (12.0%) |
| Vacant Housing Units | 651 (24.1%) |
| Median Home Value | $186,265 |
| Average Home Value | $263,318 |
Housing Distribution
Address Breakdown
Residential
2,298
Single Family
2,298
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dalena Sorrell • Century 21 Legacy
Mls Name: TVRMLS
Mls ID: #9990283